Changes to Accumulated Other Comprehensive Income, Net

6 Months Ended

Jun. 30, 2021

Note 17 – Changes to Accumulated Other Comprehensive Income, net

The following tables present components of accumulated other comprehensive income (loss) for the periods stated.

	For the three months ended June 30, 2021
(Dollars in thousands)	Net Unrealized Gains (Losses) on Available for Sale Securities			Net Unrealized Gains (Losses) on Interest Rate Swaps			Accumulated Other Comprehensive Income (Loss), net
Balance as of April 1, 2021	$	(1,413	)	$	5,448		$	4,035
Change in net unrealized holding gains on securities available for sale, net of deferred tax expense of $199		747			—			747
Change in net unrealized holding losses on interest rate swaps, net of deferred tax benefit of $687		—			(2,582	)		(2,582	)
Balance as of June 30, 2021	$	(666	)	$	2,866		$	2,200


	For the three months ended June 30, 2020
(Dollars in thousands)	Net Unrealized Gains (Losses) on Available for Sale Securities			Net Unrealized Gains (Losses) on Interest Rate Swaps			Accumulated Other Comprehensive Income (Loss), net
Balance as of April 1, 2020	$	(61	)	$	(2,693	)	$	(2,754	)
Change in net unrealized holding losses on securities available for sale, net of deferred tax benefit of $12		(46	)		—			(46	)
Change in net unrealized holding losses on interest rate swaps, net of deferred tax benefit of $146		—			(549	)		(549	)
Balance as of June 30, 2020	$	(107	)	$	(3,242	)	$	(3,349	)

	For the six months ended June 30, 2021
(Dollars in thousands)	Net Unrealized Gains (Losses) on Available for Sale Securities			Net Unrealized Gains (Losses) on Interest Rate Swaps			Accumulated Other Comprehensive Income (Loss), net
Balance as of January 1, 2021	$	1,069		$	(805	)	$	264
Change in net unrealized holding losses on securities available for sale, net of deferred tax benefit of $461		(1,735	)		—			(1,735	)
Change in net unrealized holding gains on interest rate swaps, net of deferred tax expense of $975		—			3,671			3,671
Balance as of June 30, 2021	$	(666	)	$	2,866		$	2,200


	For the six months ended June 30, 2020
(Dollars in thousands)	Net Unrealized Gains (Losses) on Available for Sale Securities			Net Unrealized Gains (Losses) on Interest Rate Swaps			Accumulated Other Comprehensive Income (Loss), net
Balance as of January 1, 2020	$	423		$	(194	)	$	229
Change in net unrealized holding losses on securities available for sale, net of deferred tax benefit of $141		(530	)		—			(530	)
Change in net unrealized holding losses on interest rate swaps, net of deferred tax benefit of $810		—			(3,048	)		(3,048	)
Balance as of June 30, 2020	$	(107	)	$	(3,242	)	$	(3,349	)